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Telehealth is the distribution of health-related services and information via electronic information and telecommunication technologies. It allows long-distance patient and clinician contact, care, advice, reminders, education, intervention, monitoring, and remote admissions.
Growing at a CAGR of 39.6%, the telehealth market encompasses tele-medicine, tele-ICU, online pharmacies, mobile health, home diagnostic services, etc., and is the fastest-growing segment within healthcare. What makes this segment exceptionally attractive is its strong potential to address key health challenges that have plagued India for decades. According to a 2019 study by the Centre for Disease Dynamics, Economics & Policy, India has a shortage of 600,000 doctors and 2 million nurses, a gap that telehealth aims to combat.